Fundraising Fox

Marathon Ventures

Venture capital

Pre-Seed–Seed · 3 people tracked

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Investment thesis

Marathon VC believes that seed-stage investment is fundamentally about establishing strong operational and relational foundations. The firm provides curated networks and relationships that enable founders to achieve more with fewer resources and accelerates their path to scale. The investment strategy emphasizes sector-agnostic backing across key vertical SaaS, B2B marketplace, fintech, and healthtech opportunities, with a particular focus on Latin American markets where the firm identifies significant gaps in traditional enterprise infrastructure and underserved SME segments.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Seed
Instruments
Equity
Founded
2019
Tracked investments
26

Team · 3 people

from public directories
Alejandro Echavarria· Managing Partnerin
Leon Papu· Managing Partnerin𝕏

What they invest in

from 16 of 26 portfolio companies

AI & Machine Learning ×5SaaS ×4Consumer ×3E-commerce ×3Enterprise Software ×3B2B Marketplaces ×2Direct to Consumer ×2Fintech ×2

HQs:Mexico×3Colombia×2United States×2

Investments · 26 tracked

founders shown can be your intro path

By year:2024 · 12023 · 12 dated

Bacubacu.co

BACU offers balanced prepared meals inspired by world cuisine, sold to consumers alongside a line of ceremonial-grade matcha drinks.

ConsumerDirect to ConsumerFoodTech

Co-investorsLatin LeapBenchstrength PartnersHTwenty

Biabia.appin𝕏Sep 2023

Bia is a technology-driven electricity retailer in Colombia that lets businesses switch their energy provider and replace traditional meters with its proprietary BiaMonitor smart meter.

CleantechEnergyIoTBogota, CO

Guillermo Plaza Roche(Director)Leonardo Velazquez Florez(Director)Juan Sebastian Ruales Duque(Director)Jaime E. Zunzunegui(Director)

BoardNicolas Berman(Director)in

Co-investorsBBVA SPARKIDB LabRA CapitalKaszek VenturesNazcaNorte Ventures+2 more

C4c7usc4c7us.com

Platform automating IT infrastructure operations to help founders and IT professionals accelerate deployment and reduce costs.

Careers Pagecareers-page.com

Careers-page.com is a service by Manatal for creating, customizing, and publishing company career pages.

Future of WorkHR TechSaaS

Cobrecobre.coin𝕏

Cobre operates a payments platform for businesses in Latin America, offering local instant payments in Colombia and Mexico, cross-border payments, bank account aggregation, and stablecoin on-ramp/off-ramp and payouts over its own infrastructure.

Crypto & Web3Enterprise SoftwareFintech

Felipe Gedeon(Founder)inJose V. Gedeon(Founder)in

Co-investorsKaszek VenturesOak HC/FTQED InvestorsCanary

EarthTrackearthtrack.io

Vertical software helping mining companies reduce costs and increase efficiency through smarter parts management.

Estoca

Self-service logistics management software for SMEs and direct-to-consumer brands automating channel coordination.

Extendealextendeal.cominFeb 2024

Extendeal offers a platform focused on the pharmacy sector, helping pharmacies with purchasing efficiency and growth.

B2B MarketplacesHealthtechSaaSCiudad De La Plata

Guido Stefani(President and Director)Federico Eckell(Federico Eckell is a Secretary and Treasurer of the Issuer.)Gaston Stefani(Director)Santiago Schettini(Director)Jorge Pablo Brito(Director)

Co-investorsBroom VenturesLatitud Ventures

Fankifanki.co

A platform offering local experiences to users, with country-specific options for Mexico and Colombia.

ConsumerMarketplaces

Co-investorsBroom Ventures

Karrot

Vertical software helping retailers drive revenue by discovering and managing online and in-store sales channels.

Karrotupkarrotup.com

Karrot is an AI-native retail operating system that combines POS, multi-store inventory, transfers, suppliers, e-commerce, marketplaces, loyalty, promotions, gift cards, and accounting in one real-time platform.

AI & Machine LearningRetail TechSaaS

Co-investorsAmador Holdings

Latitudlatitud.com

Infrastructure platform removing roadblocks for Latin American founders building world-class technology companies.

Co-investorsMyelin VC

Maquimaqui.la

Maquila is a digital agency that combines strategy, design, and technology to build websites and applications, user interfaces, and data-driven growth strategies for brands.

AI & Machine LearningMarketing Tech

Meru

B2B marketplace for auto parts serving the automotive aftermarket in Latin America.

Naratrynara.comin𝕏Acquired

Nara provides AI agents that handle customer inquiries and sales interactions on websites and social media for small and medium-sized businesses, offering product recommendations and round-the-clock availability.

AI & Machine LearningEnterprise SoftwareSan Francisco, US

Angela Castillo(Founder)inFelipe Abello(Founder)inOscar Rojas(Founder)in

Co-investorsY Combinator

Neivorneivor.com

Neivor offers property management software for the Mexican real estate sector, centralizing payments through SPEI, unique CLABE, card, Apple Pay and Google Pay with automatic reconciliation.

AI & Machine LearningFintechPropTech

Primaprima.aiin

Prima provides structural steel services covering the full Division 5 scope, including engineering, detailing, fabrication, delivery, and erection support for industrial infrastructure.

Advanced ManufacturingConstruction Tech

Patricio Servitje(Founder)inDaniel Autrique(Founder)in

Co-investorsAcrew CapitalK50 VenturesNazcaNXTPPICUS CAPITALQuona Capital+4 more

Seeriseeri.co

Seeri offers a platform that centralizes a company's data in one place and provides AI-applied automation and optimization of business processes.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsOpera VenturesHTwenty

Sumer Labssumerlabs.comin𝕏

Domun is an e-commerce platform that enables merchants to create, manage, and automate online stores from a mobile interface.

E-commerceMarketing TechSaaS

Co-investorsAlter GlobalClocktower VenturesOpera VenturesStreamlined Ventures

Tulsoytul.comin

Soytul is an e-commerce platform offering a wide range of products including packaging materials, industrial safety equipment, home and kitchen supplies, tools, electrical systems, hardware, paints, and automotive parts.

B2B MarketplacesE-commerceMarketplaces

Co-investorsAlleyCorpVine Ventures

Vaasgetvaas.com

Cross-border platform automating operations for the emerging private debt market with built-in regulatory infrastructure.

Fort Worth, US

Todd Hodnett(Executive Officer, Director, Promoter)Shawn Smith(Executive Officer, Director, Promoter)

Co-investorsAndreessen HorowitzClocktower VenturesLatitud VenturesNazcaNorte VenturesABSeed Ventures+4 more

Vestmivest.io

Commission-free trading app focused on Latin American users accessing US stock markets.

Co-investorsAlleyCorpCapria VenturesAlley Robotics VenturesAmber GroupCoinbase VenturesLatitud Ventures+2 more

Welbewelbecare.comin

Welbe is a corporate health platform that integrates a national medical network, telemedicine, an app, and a data portal to help companies manage employee health as a measurable preventive strategy.

Digital HealthHealthtechHR Tech

Co-investorsNazcaHTwenty

Welbe

Healthtech platform providing faster and cost-effective healthcare access to company employees with comprehensive wellbeing tracking.

Wonder Brandswonderbrands.coin

Wonder Brands develops and sells essential household consumer products across Latin America, using an online-first omnichannel model with in-house design, sourcing, and supply chain control.

ConsumerDirect to ConsumerE-commerce

Co-investorsFlucas VenturesHi VenturesKube VCNazcaCrossbeam Venture Partners

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Marathon Ventures made?
Marathon Ventures has 26 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Marathon Ventures invest at?
Marathon Ventures invests at the Pre-Seed, Seed stages.
What sectors does Marathon Ventures focus on?
Marathon Ventures focuses on AgTech, B2B Marketplaces, Construction Tech, Energy, Enterprise Software, Fintech, FoodTech, Hardware, Healthtech, Logistics & Supply Chain, Marketplaces, PropTech, Retail Tech, SaaS.
Who does Marathon Ventures co-invest with?
Marathon Ventures most often shares deals with Nazca, Kaszek Ventures, Opera Ventures, among 29 tracked co-investors.

Images

Marathon Ventures photo

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